The founder of Pump's live broadcast triggers market response, $PUMP falls nearly 20% in a single day.

Recently, the co-founder of pump.fun participated in a highly publicized interview live stream on the channel of a well-known cryptocurrency host. This live stream was regarded as an important event in the cryptocurrency circle, significantly impacting the market. During the live stream, the price of $PUMP fell by nearly 15%, with a single-day drop approaching 20%, and its market capitalization briefly falling below 3 billion USD.

In the interview, the founder expressed views on several hot topics:

Regarding the $PUMP airdrop, the founder stated that they will fulfill their previous commitments, but it will not take place in the near future. He emphasized that only a small number of people currently know the specific airdrop plan, and that external rumors are not credible. As for the details regarding the airdrop shares and measures to cope with selling pressure, the founder has not revealed any specifics for the time being.

When discussing the $PUMP buyback, the founder stated that the company's on-chain actions would answer this question. He revealed that after the token generation event (TGE), the company bought back approximately $20 million of $PUMP, and in the recent 4 days, it bought back about $550,000.

Faced with challenges from competitors, the founder believes that short-term hype and competitive strategies do exist, but pump.fun focuses more on long-term development. He stated that to enable the industry to continue to grow by 10 times or even 100 times, some substantial changes are needed. The company plans to inject a large amount of liquidity into the ecosystem to support an active community while making significant improvements to the product.

The founder also mentioned several important development directions:

1. Build a more complete pump.fun ecosystem, including recruiting talent and strategic acquisitions.

2. Launch PumpSwap 2.0, reform the fee structure, and incentivize long-term development.

3. Develop mobile applications to provide a more convenient entry point for new users.

4. Pay attention to the live broadcast field and explore new information dissemination models.

However, this live broadcast does not seem to have achieved the expected effect. Many users were disappointed with the founder's response, feeling that it lacked specific details and clear commitments. In particular, the vague statements regarding airdrops have sparked dissatisfaction in the community.

The market reacted strongly to this, with the $PUMP price experiencing a significant fall during and after the live broadcast. Even the ecosystem tokens that the founder has been buying daily recently mostly showed losses, which further weakened investors' confidence.

Some believe that pump.fun needs a better public relations strategy to cope with the current crisis of trust. In an environment where Bitcoin has reached new highs, how to soothe user emotions and rebuild confidence will be an important challenge for pump.fun.